We have plans to build a new house. We bought the land back in December last year, sold enough BTC to pay for the land deposit and architect fees then, pretty much a day before the peak. It has been a long drawn out process getting planning sorted, the plans are not quite finalised yet still.
What I have in BTC is enough to build half the planned house, and so we sit and wait for it to come back up before we start building.
We currently own our current house with only a small mortgage left on it as well, so we aren't wasting rent money waiting here. Just with a toddler and a baby now, the current house is getting a bit cramped.
New house is going to be in the order of 10,000 sqft all up on a 5 acre plot.
